Nwam LLC Takes $1.93 Million Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Nwam LLC bought a new stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 65,620 shares of the company’s stock, valued at approximately $1,934,000. Nwam LLC owned 0.18% of Fidelity MSCI Real Estate Index ETF at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FREL. AE Wealth Management LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 29.4% in the second quarter. AE Wealth Management LLC now owns 625,027 shares of the company’s stock valued at $15,838,000 after purchasing an additional 141,975 shares during the period. Diversify Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF in the second quarter valued at approximately $3,177,000. Citizens & Northern Corp boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 16.9% in the second quarter. Citizens & Northern Corp now owns 764,513 shares of the company’s stock valued at $19,373,000 after buying an additional 110,801 shares in the last quarter. Black Diamond Financial LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 31.0% in the second quarter. Black Diamond Financial LLC now owns 434,473 shares of the company’s stock valued at $11,010,000 after buying an additional 102,865 shares in the last quarter. Finally, Riverpoint Wealth Management Holdings LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 13.3% in the second quarter. Riverpoint Wealth Management Holdings LLC now owns 407,542 shares of the company’s stock valued at $10,327,000 after buying an additional 47,741 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

Fidelity MSCI Real Estate Index ETF stock opened at $29.13 on Friday. Fidelity MSCI Real Estate Index ETF has a 1-year low of $23.61 and a 1-year high of $30.07. The company has a market cap of $1.08 billion, a PE ratio of 25.77 and a beta of 1.02. The stock’s 50 day moving average price is $29.01 and its 200 day moving average price is $27.31.

Fidelity MSCI Real Estate Index ETF Company Profile

The Fidelity MSCI Real Estate Index ETF (FREL) is an exchange-traded fund that is based on the MSCI US IMI\u002FReal Estate 25-25 index. The fund tracks a cap-weighted index of US REIT and real estate companies across the entire market-cap spectrum. FREL was launched on Feb 2, 2015 and is managed by Fidelity.